5544 S Carpenter Street, Chicago IL 60609
$500,000

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Property Description

Welcome to 5544 S Carpenter, a 4-unit building with the potential to become 5 units (basically, 5-for-4)! You've got two identical 3-bed, 1-bath units and two identical 2-bed, 1-bath units. Three units are occupied; one unit is ready for an owner-occupant or tenant. Each unit has separate heat and electric, tenants pay their own utilities. The basement could become a cozy owner's suite or in-law arrangement. Security doors and cameras are on-site for peace of mind. Come see this income, producing potential in person!

Features & Information

Key Details

  • List Price $500,000
  • Property Taxes $6,027
  • Year Built 1916
  • Status Re-activated
  • List Market Time 57

Units

  • Unit 1

  • Floor 1
  • Rooms 6
  • Beds 3
  • Baths 1
  • Appliances Stove, Refrigerator
  • Rent $0/mo
  • Tenant Pays Electric,Gas,Heat
  • Lease Expires 0
  • Unit 2

  • Floor 2
  • Rooms 6
  • Beds 3
  • Baths 1
  • Appliances Stove, Refrigerator
  • Rent $1,500/mo
  • Tenant Pays Electric,Gas,Heat
  • Lease Expires 2/27
  • Unit 3

  • Floor 2
  • Rooms 4
  • Beds 2
  • Baths 1
  • Appliances Stove, Refrigerator
  • Rent $1,100/mo
  • Tenant Pays Electric,Gas,Heat
  • Lease Expires 07/26
  • Unit 4

  • Floor 2
  • Rooms 4
  • Beds 2
  • Baths 1
  • Appliances Stove, Refrigerator
  • Rent $1,100/mo
  • Tenant Pays Electric,Gas,Heat
  • Lease Expires 02/27

Exterior Features

  • Parking

  • # of Cars:  0

Building Information

  • Number of Units 4
  • Age of Building 100+ Years

Location

  • County Cook
  • Township Lake
  • Corporate Limits Chicago
  • Directions to Property East Or West On 55th St North To Property
  • Schools

  • Elementary School District 299
  • Junior High District 299
  • High School District: 299
  • Property Taxes

  • Tax 6027.4
  • Tax Year 2024
  • Parcel Identification Number 20172020310000

Listed by Alexandria Ward for Epique Realty Inc | Source: MRED as distributed by MLS GRID

Based on information submitted to the MLS GRID as of 8/12/2026 3:02 AM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

Explore Englewood

Englewood has seen its share of both good fortune and hard luck over the years. Englewood Station was once a stop on the premier New York Central Railroad Line, and had one of the hottest shopping districts in the city. Unfortunately it suffered when many of the once-prominent industries, such as the railroad, left the community. Lately, though, there is a resurgence of interest in Englewood, as developers realize some of the hidden assets of the area, including convenient access to public transportation and expressways, loads of public parkland, and affordable housing. Not to mention free music concerts and outdoor films in the neighborhood's parks during the warm weather months.

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